Announced

Northleaf and AVALT to acquire WASH from EQT.

Synopsis

Northleaf and AVALT, the private equity firms, agreed to acquire WASH, a North American route-based laundry infrastructure services company, from EQT, a private equity firm. Financial terms were not disclosed. "We are incredibly excited to welcome our new sponsors as strategic partners in WASH’s next chapter of growth. At WASH, our relentless focus on customer service, alongside continued investment in technology, has positioned us as a trusted partner to property owners across North America. This partnership marks a significant step towards deepening the value we deliver to our loyal customers and associates," Jim Gimeson, WASH CEO.

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